The quarter has almost come to an end, and Spring break is not far. I have some travel plans, and was looking for places to live. With all the hype about Airbnb, I thought of checking the prices out and the rate difference between a hotel room and an Airbnb room.
I came across a map of US, and the number of Airbnb units in each city. Find the map on this link – Map with Airbnb Units . This map has the number of Airbnb across select cities as size. A larger dot means, there are more number of Airbnb in that city. Upon hovering, a tool tip pops up, which has the average price of a Airbnb unit and a hotel room for the city. For the kind of audience this chart is meant to be , the people who want to compare prices across cities, this is not the best way to do. Essentially because the comparison values aren’t out there explicitly. The size does indicate that number of Airbnb are more in those cities, but it has no indication with price. A better way would be do find the difference in the price of the hotel and airbnb and plot that as bars across each city. In that way the price difference would be more visible and on the first glance, an idea can be obtained about where the Airbnb units are cheaper, which are the cheapest.
A dashboard can also be built, showing the number of Airbnb across each city as it is, then adding the visualization which shows the difference and a line which shows the price difference relation and the number of airbnb units. Are the number of Airbnb units related to the average price ? Do more units mean a lower average price? Such analytics can be derived.